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INSIDER SECRET: The Alaska Airlines Companion Fare, one of the Alaska Airlines Visa business card benefits, is more flexible than you might think. You aren’t limited to one-way or round-trip flights, and can also book multi-city tickets to create your own stopover in a third or fourth city!
The Alaska Airlines Visa® Business credit card is a great small business card with a low annual fee and solid travel benefits. It could save you thousands on travel each year.
Plus, it comes with a generous 40,000-mile welcome bonus and $99 Companion Fare (with taxes & fees from $22) after meeting minimum spending requirements.
You can apply for the Alaska Airlines Visa Business card here. Here’s a rundown of the Alaska Airlines Visa Business card benefits.
Alaska Airlines Visa Business Card Benefits and Perks
Apply here: Alaska Airlines Visa® Business credit card
Read our review of the Alaska Airlines Business credit card
The Alaska Airlines Visa Business card comes with 40,000 Alaska Airlines miles and a Companion Fare from $121 ($99 fare plus taxes and fees from $22) after spending $2,000 on purchases in the first 90 days of opening your account. The card has a $75 annual fee ($50 for the company, plus $25 per card) , but the card’s perks more than cover it. In fact, using a single benefit once per year can put you far ahead of the modest cost.
Here are the top benefits you’ll get with the card.
1. Alaska Airlines Companion Fare
The Alaska Airlines Companion Fare is my favorite benefit of the Alaska Airlines Visa Business card. It allows you to bring a companion on an Alaska Airlines flight of your choice for just $99 plus taxes and fees. Those taxes and fees start at $22 which means you can bring a companion to fly for as little as $121 on any Alaska Airlines flight.
The card not only comes with a 40,000-mile welcome bonus, but you will also earn a Companion Fare when you apply under the current offer and complete the spending requirements. Even better, each year you have the card, you get another companion fare upon payment of the annual fee. This benefit can be very valuable.
One of our team members found you could potentially save over $1,300 with the Alaska Airlines Companion Fare. We found a multi-city flight from Orlando to Hawaii, then on to Portland and finally returning to Orlando. The Companion Fare rate would have saved ~$1,390 on those flights.
Remember, Companion Fare tickets must be booked in coach, but all tickets are eligible for upgrades to premium class or first class.
2. Free Checked Bag With Alaska Airlines
Checked baggage fees are industry standard at this point. Alaska Airlines charges $30 for the first checked bag. But you won’t have to pay to check a bag with the Alaska Airlines Visa Business card.
I only check a bag on rare occasions. But when I do, I never pay checked luggage fees. And when I’m traveling with a friend or a family member, they don’t have to pay for their bag either because the Alaska Airlines Visa Business card covers checked bag fees for you and up to six travelers on the same reservation. That means you could save up to $180 for a one-way trip, or $360 round-trip.
If you travel round-trip on Alaska Airlines with a companion just once per year, you will save $120 thanks to the card. And that more than covers the annual fee.
3. Access to Discounted Hotel Award Redemptions
Another great benefit of the Alaska Airlines Visa Business card is access to discounted mileage award rates through Alaska Airlines Hotels, which is a booking portal that allows members to book stays at 400,000+ properties worldwide.
Program members can use their miles for stays booked via Alaska Airlines Hotels. But you can only receive access to discounted mileage redemption rates if you have an Alaska Airlines credit card. This can potentially save you tens of thousands of miles annually.
4. Built-In Travel Coverage
The Alaska Airlines Visa Business card comes with travel insurance. When you use your card for purchases like airfare, hotel reservations, ground transportation and rental cars, you may be able to cover your trip if you encounter the unexpected. Surprisingly, this always happens more often that I’d like.
The Alaska Airlines Visa Business card includes up to $1,000,000 in travel accident insurance and auto rental insurance. The card also covers emergency ticket replacement, lost luggage assistance, and extended coverage for purchases.
5. Small Business Benefits
Many small business owners take on a great deal of responsibility when they issue credit cards to employees. There’s always the possibility of misuse of the company card or fraud. Luckily, the Alaska Airlines Visa Business card offers fraud protection.
Here are the benefits for small business owners with the Alaska Airlines Visa Business card:
- You can set spending limits for individual employees
- Protection against unauthorized card use by employees
- Zero liability for unauthorized purchases made with company cards
- No foreign transaction fees
There’s a $25 charge for each additional card you add to your account.
The Alaska Airlines Visa Business card is fantastic for small businesses, freelancers or travelers with a side gig. You’ll get solid benefits that easily justify the low $75 annual fee, especially the Alaska Airlines Companion Fare and being able to check a bag for $0.
Plus, with a 40,000-mile welcome bonus after meeting minimum spending requirements, you’ll have enough miles for premium-cabin award flights on Alaska Airlines and their partners.
For more on Alaska Airlines miles and cards, check out these posts:
- Alaska Airlines Mileage Plan review
- Alaska Airlines miles value
- Our review of the Alaska Airlines business credit card
- Our review of the Alaska Airlines credit card
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